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Unique Performance Files for Bankruptcy

Illustration for article titled Unique Performance Files for Bankruptcy

We sort of wish we hadn't called this, but AutoWeek is reporting that Unique Performance filed for Chapter 7 bankruptcy protection on November 12th, less than a week after being raided by the fuzz for title-washing and other crimes. This means the company has no plans to rebuild itself and, worse, owes between $1 and $100 million dollars with no listed assets!

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This is horrible news for anyone waiting for a new car or, at least, hoping to get their deposit back. This development leaves some questions remaining, like what's going to happen to the seized cars and what, if any charges will be filed. There are also some new questions this raises, namely who does the company owe money to besides those who put deposits down for new cars? [AutoWeek]

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DISCUSSION

1967fastback2000-old
1967fastback2000

Look what I found digging through some court docs on the Unique

Performance Vehicle Seizure, no wonder they canned the head detective

on the case.

The whole mess with customer cars being seized was caused by

insinuations from John Luft and a truck driver?

AFFIDAVIT FOR SEARCH WARRANT

THE STATE OF TEXAS [338 DESVOIGNES RD]

COUNTY OF GRAYSON [Denison, Grayson County, Texas]

The undersigned Affiant, being a Peace Officer under the laws of Texas

and being duly sworn, on oath makes the following statements and

accusations:

1. There is in Grayson County, Texas, a suspected place and premises

described and located as follows: A barn, located at 338 Desvoignes

Road, Denison, Grayson County Texas. The barn is red with white trim.

There is a white picket fence around the barn. There are three barns

on the property and the barn in question is the second one from the

residence. According to Grayson Central Appraisal District the

property is listed as Property lD 113345 (Real), Geo lD 074 1311010,

G-1311 WRIGHT WILLIAM A-G1311.

2. There is at said suspected place implements or instruments used in

the commission of a crime and,/or property or items constituting an

offense or constituting evidence tending to show that a particular

person committed an offense, to wit: Titling records, sales records,

customer files, vehicles with incorrect VIN numbers and any other

document or instrument used to facilitate fraudulent activity.

3. Said suspected place and premises are in charge of and controlled

by each of the following persons: Linda Davis, owner as listed on

Grayson County tax rolls.

4. It is the belief of Affiant, and he hereby charges and accuses that:

On or about the 2nd day of October 2007,at 13950 Senlac D rive Suite#

300, Farmers Branch, Dallas County, Texas, Unique Performance was

found to be in possession of a red 1967 Ford Mustang fastback bearing

VIN 7F01C216874. Said VIN belongs to a 1967 Ford Mustang hardtop and

did not belong to the car in which it was assigned. During an

investigation into this vehicle, Douglas Hasty, the owner of Unique

Performance, ordered that it be removed from the shop and concealed on

private property in Denison. Texas.

5. Affiant has probable cause for said belief by reason of the

following facts: On October 2nd 2007 Farmers Branch Police contacted

Douglas Hasty with Unique Performance in reference to a complaint that

his company was not returning a customer vehicle. The customer had

provided a faxed copy of the title to his vehicle. When Douglas Hasty

showed this defective the vehicle in question, t he VIN number

(7F01C16874) did not match the VIN number on the title issued to the

customer (7F02C127565). On a 1967 Mustang VlN, the 3rd and 4th

character of 01 means that the vehicle is a hardtop. If the 3rd and

4th character of the VIN is an 02, then the vehicle is a fastback.

This model information was verified using www.decodethis.com and the

validity of the information was verified by Sgt. Rex Wilemon of the

Texas Department of Public Safety Since the fastback vehicle in

question is bearing the VIN to a hardtop, it is displaying an altered

identification number. Douglas Hasty initially stated that they had

replaced the front clip of the vehicle. To do so without a TXDOT

formVTR-68A (law enforcement vehicle inspection form) is a violation

of section 31.11 of the Texas Penal Code regarding Tampering with

Identification Numbers. A TXDOT title history of this vehicle revealed

that no such form had been filed by Unique Performance. When informed

of the potential violation Douglas Hasty stated that the wrong title

had been issued to the owner and that the vehicle had not undergone a

VlN number change. During my investigation into this event, I was

contacted by John Luft, an attorney for Carroll Shelby Enterprises,

informing me that he had a former employee of Unique Performance that

was willing to provide information. This employee was employed by the

company for approximately two years as their transport driver and was

very recently laid off from Unique Performance due to budgetary

restraints and the loss of the Carroll Shelby licensing. This

informant states that Douglas Hasty ordered him on October 17th to

haul this and two other vehicles to a barn located at a private

residence located at 338 Desvoignes Road, Denison, Grayson County

Texas. The informant did show this detective where this residence was,

to include which barn the vehicles had been located within. The

informant also states that he was ordered to remove 17 additional

vehicles, which he relocated to an abandoned warehouse located at 811

Betterton Circle, Dallas. He also states that he is personally aware

of over 30 additional vehicles that were relocated to 11607 Denton

Drive, Dallas. Additionally he states that numerous other vehicles

(unknown number) were moved t o a building leased by Unique

Performance at 13995 Diplomat Drive Suite # 200, Farmer Branch. The

informant state that these moves were done to prevent law enforcement

from locating the vehicles for inspection.

On 11/01/2007 search warrants were executed at the Betterton Circle,

Senlac Drive, Diplomat Drive and Denton Drive addresses given by the

informant and all of the information provided by him proved to be true

and valid.

WHEREFORE, Affiant asks for issuance of a warrant that will authorize

him to search said suspected place and premises for criminal evidence

and seize the same.

___________________

AFFIANT

Subscribed and Sworn to before me by said Affiant on this ____ day of

November 2007.

_______________________

MAGISTRATE,IN AND FOR

DALLAS COUNTY. TEXAS

Check out where Turner is hanging his hat these days, why doesn't the

media jump on this and get to the bottom of why he was really

terminated from the force?

[spacebrew.com]

[spacebrew.com]